30-10-2014 23:52:00 | by: Administrator | hits: 27515957 | Tags:

AFC’s Lekela Power wins Equity Deal of the Year at the African Banker Awards
08-06-2023 | 12:49:53
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has received the Deal of the Year – Equity award at the just concluded African Banker Awards 2023 ceremony in Sharm El Sheikh, Egypt.
Cairo named new venue for 3rd Intra-African Trade Fair
31-05-2023 | 10:58:43
The Egyptian capital city of Cairo has been announced as the new host of the third Intra-African Trade Fair (IATF2023) which will now take place from 9 to 15 November 2023.
GoGlobal expands presence in Africa with local offices in 18 countries
30-05-2023 | 10:42:00
GoGlobal, a leading Employer of Record (EOR) is expanding its global footprint with the launch of on-the-ground offices in 18 African countries.
Xylem launches international pump manufacturing site in Egypt
25-05-2023 | 05:15:00
Xylem, the global water technology provider, and its regional partner, the Tiba Manzalawi Group, have announced the launch of its new joint-venture manufacturing site, the Xylem Egypt Plant, that will provide world-class water solutions and brands to the region.
More funds for Côte d'Ivoire and Egypt by ITFC
15-05-2023 | 11:41:00
ITFC Signs Six Agreements Totaling US$101 Million with Côte d'Ivoire, Egypt, Uzbekistan, and KSA.
2Africa Subsea Cable Segment in Egypt completed with port said landing
12-05-2023 | 11:38:24
Within its continuous efforts to enhance its value proposition, Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, announces the recent successful landing of the 2Africa subsea cable in Port Said.
Kazyon attracts $165 million investment from DPI-led consortium
11-05-2023 | 10:52:00
Egypt’s leading discount grocery retailer, Kazyon, attracts $165 million investment from a DPI-led consortium to fuel continued growth and regional expansion
Khazna Data Centers and Benya Group to invest $250 million to build a giant data center in Egypt
10-05-2023 | 07:55:51
Khazna Data Centers Plans to Enter Egypt with Benya Group to Set Up the country’s first hyper-scale data center in Maadi Technology Park with a total investment of USD 250M
Proparco soutient les startups égyptiennes en investissant dans DisrupTech Ventures
08-05-2023 | 16:29:00
Proparco investit dans un fonds de capital-risque géré par DisrupTech Ventures, afin de soutenir les startups fintech égyptiennes et d’élargir l’accès aux services financiers dans le pays.
LogRhythm partners with eFinance to strengthen Egypt’s digital payment security ecosystem
08-05-2023 | 08:38:00
LogRhythm has partnered with eFinance to rapidly detect and mitigate threats in Egypt’s digital payment security ecosystem with LogRhythm SIEM, LogRhythm’s security information and event management (SIEM) solution.
Mastercard partners with Egyptian Banks to support implementation of tokenization regulations
04-05-2023 | 12:28:58
Mastercard’s continuous efforts are aligned with the Egyptian government’s vision and strategic objectives by promoting access to electronic payments, capitalizing on technological innovation and efficiency to drive financial inclusion and achieve sustainable and economic growth.
Autochek acquires majority stake in Autotager
20-04-2023 | 09:41:25
Nigeria-based car financing platform Autocheck, has acquired a majority stake in Egypt's used cars marketplace, AutoTager, which was founded in 2021 by Amr Rezk.
Nigeria’s Autochek acquires majority stake in Egypt’s car-cuying platform AutoTager
20-04-2023 | 06:26:00
Nigerian automotive technology company Autochek has acquired a majority stake in AutoTager, an Egyptian automotive technology company that makes it easier to find and buy cars.
[Egypt] Kaf Insurance picks DXC Technology to drive its digital transformation
12-04-2023 | 14:52:10
In a ten-year contract, DXC will enable Kaf to provide a seamless digital experience for its current two million policyholders and new customers.
Marcyrl attracts new investment from DPI and Amethis
06-04-2023 | 13:33:00
The new investment is set to drive innovation and help expand access to specialty drugs across Africa.
Telecom Egypt announces changes to board structure and executive management
29-03-2023 | 09:40:39
Telecom Egypt has announced that Eng. Mohamed Nasr Eldin Mohamed Ali has been appointed as Managing Director and CEO of the company to succeed Eng. Adel Hamed Ibrahim Gadallah.
IFC partners with Egypt’s Commercial International Bank in managing climate risk, boosting sustainability
28-03-2023 | 09:42:00
The advisory project will include an initial portfolio screening against climate risk and the development of scenario planning and stress testing methodology for CIB, a long-term IFC partner.
Millennials will lead global ecommerce spending in 2023, study
28-03-2023 | 09:35:06
Millennial consumers prefer online versus in-store shopping, according to new data released today by ESW, the world’s leading global direct-to-consumer (DTC) ecommerce company.
Food tech company GrubMarket expands into Egypt
28-03-2023 | 09:32:32
These developments represent GrubMarket's underlying commitment to building a robust, global supply chain for high-quality, fresh produce.
Liquid Intelligent Technologies acquires Egyptian cloud and cyber security provider Cysiv MEA
23-03-2023 | 09:09:39
The acquisition allows the London-based group with operations in Africa, UK, the US and Latin America, to bring some of the best global cloud and cyber security products to the Egyptian market.
Egypt and Marriott power hotel development in Africa
22-03-2023 | 11:35:00
North Africa continues to dominate the pipeline, with Egypt far ahead. It alone numbers 21% of the hotels and 30% of the rooms being planned or built on the entire continent.
almentor secures a $10mn investment round led by e& capital for its expansion
20-03-2023 | 10:27:00
almentor secures a $10mn investment round led by e& capital to bridge the education gap for 10 million Arabic speakers.
Hutchison Ports invests $700 million in Egypt’s ports
20-03-2023 | 05:15:00
The total investment of the two projects is approximately $700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 billion and paving a solid foundation for the company's strategy to expand its network and enhance its capabilities in emerging markets.
Mastercard extends partnership with Banque Misr to enhance digital payments portfolio in Egypt
15-03-2023 | 08:30:33
Building on their successful strategic collaboration, Banque Misr, signed a long-term cooperation agreement partnership with Mastercard to provide the bank with the latest digital payment technology to provide new products, services and innovative solutions to customers, from all segments, and to support digital solutions with advanced and competitive advantages.
[ChatGPT Biography] Samih Sawiris, Founder of Orascom Development
14-03-2023 | 14:57:03
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write.
[Nigeria Business Week] Andrea Ayemoba: Local fintech spreads to East Africa, oil and gas find major milestone
14-03-2023 | 14:56:47
Nigeria, like other countries of the world, is going through some economically turbulent times. Inflation is on the rise (recently pegged at 21.9%) and local startups are directly impacted by financial crises on the other side of the world.
Africa Business Communities Forum: Quels seront les pays Africains plus performants sur le plan économique en 2022?
14-03-2023 | 14:56:46
Africa Business Communities s'est entretenu avec plusieurs entrepreneurs et fondateurs au cours des premiers mois de l'année, et ils ont voté pour déterminer quels pays africains seront les plus prospères en 2022.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
14-03-2023 | 14:56:39
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
14-03-2023 | 14:56:39
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
[Nigeria Business Week] Andrea Ayemoba: Persistent shortages and inflation call for new measures
14-03-2023 | 14:56:04
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
[Column] Toufik Khitous: How Egypt bets on renewables to meet expected energy demand surge
14-03-2023 | 14:54:56
To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic?
[Interview] Walid Amer, Partner & Senior Associate, Elevate Business Consulting, Egypt
14-03-2023 | 14:54:30
Walid Amer is an experienced Certified Management Accountant with proven leadership expertise in assisting others in understanding the instrumental role finance data plays in improving business processes.
[Startup Interview] Radwa Khairy, Founder, Talents Fit, Egypt
14-03-2023 | 14:54:25
Radwa Khairy has over a decade's worth of experience in the Human Resources, Hospitality and Travels fields. In December 2018, she founded Talents Fit, a recruitment platform servicing human resourcing and employment needs in Egypt.
[Column] Michael Arum: Sugar industry faces exacerbated decline and extinction on proposed regulations in Kenya
14-03-2023 | 14:54:12
Kenya’s sugar industry has many natural advantages, almost all of which have been undermined by policy and public mismanagement that has seen its productivity slump.
The Africa 2018 Forum | 8-9 December 2018 | Sharm El Sheikh | Egypt
14-03-2023 | 14:53:29
Greater economic integration through increased investment flows into Africa
3rd Underground Infrastructure and Deep Foundations Egypt Conference | Cairo, 22 February 2018
14-03-2023 | 14:52:09
As Egypt embarks on a massive infrastructure expansion drive to stabilise and expand its economy, underground and deep foundations works represent an essential element of preparation
[Interview] Wael Rashidy, Founder & Business Mentor, Guiders Consult, Egypt
14-03-2023 | 14:51:29
Wael Rashidy is an accredited SME Business Consultant from the Association of Accredited Small Business Consultant, USA, member of Egyptian Junior Business Association, International Council for Small Business, and Middle East Council for Small Business and Entrepreneurship.
Egypt ranks 14th in 2017 Global Cybersecurity Index, 2nd among Arab States
14-03-2023 | 14:51:21
Egypt has achieved a high ranking in the 2017 Global Cybersecurity Index, coming 14th out of 165 countries and second among the Arab states.
Increased Infrastructure, Labour-Intensive Manufacturing Key to Africa’s Industrial Competitiveness - Afreximbank President
14-03-2023 | 14:51:06
"At this stage, it might be better to import fabrics and transform them into garments or to produce and assemble other labour-intensive light-manufacturing goods rather than processing raw materials in a way that may not enable Africa to compete globally”.
Telecom Egypt partners with IBM to adopt intelligent automation technologies
14-03-2023 | 06:15:00
Telecom Egypt (TE), a network operator in Egypt announced that they are working with IBM to adopt intelligent automation technologies to implement an umbrella solution for all its operations support systems (OSS) on mobile, fixed, and core networks.
Orange and ACUD select Nokia’s software solutions to build smart capital city in Egypt
08-03-2023 | 11:42:13
Nokia AVA products, including its operations and monetization software, will be used by the Administrative Capital for Urban Development of Egypt (ACUD) to enable customers to order, activate and pay for utilities and data center services.
Mastercard partners with National Bank of Egypt to digitize Egyptian economy
08-03-2023 | 09:26:13
Through this collaboration, Mastercard and NBE will offer best-in-class digital payment solutions that will help bring more unbanked and underbanked into the formal economy.
Egypt becomes first North African shareholder in Africa Finance Corporation
07-03-2023 | 11:04:42
Egypt has joined Africa Finance Corporation, the continent’s infrastructure solutions provider, as the first North African sovereign shareholder, further diversifying AFC’s expanding equity investor base.
ITIDA and Egyptian Commercial Services partner to promote Egypt IT sector
24-02-2023 | 09:05:00
The meeting discussed bilateral cooperation opportunities between ITIDA and ECS' offices overseas, aiming at increasing Egypt's IT offshoring (ITO) and business process outsourcing (BPO) services exports.
Flutterwave to expand in Northern Africa starting by Egypt
22-02-2023 | 11:22:06
Flutterwave, Africa’s leading payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.
Gameball to announce $3.5 million seed round for international expansion
16-02-2023 | 11:55:00
Founded in 2020 by Ahmed Khairy, Ahmed El Assy and Omar Alfar, Gameball is a customer intelligence and marketing CRM platform that helps consumer brands create personalised engagement with customers and monetise their customer base.
Cross Switch acquire 50% stake in Vantage Payment Systems
16-02-2023 | 10:33:53
Cross Switch and Equity Invest bring together decades of experience growing successful technology businesses, specifically in the financial technology sector.
Mastercard partners with Copal to launch Egypt’s first family payments mobile application
15-02-2023 | 12:01:12
This seamless solution aims to further drive financial inclusion in the country through the integration of underbanked youth into the formal economy.
Flutterwave receives regulatory approval to operate in Egypt
13-02-2023 | 13:57:39
Flutterwave, the Nigerian fintech company has obtained licenses to operate in Egypt as a payment service provider.
Abdourahmane Diaw nommé chef de bureau pays pour l’Égypte de la Banque Africaine de Développement
13-02-2023 | 11:48:00
Abdourahmane Diaw nommé chef de bureau pays pour l’Égypte est de nationalité sénégalaise, M. Diaw compte plus de 28 années d’expérience dans la mise en œuvre de programmes et de projets de développement.
7 African Startups to receive $385k in developing solutions for blue economy
13-02-2023 | 11:38:00
Climate resilience venture launcher Triggering Exponential Climate Action (TECA) has announced the selection of seven startups to each receive $55,000 in funding to advance their solutions for the blue economy in Africa.
After Ghana Office opening, Network International introduces direct to merchant payments acceptance in Egypt
13-02-2023 | 08:28:00
Launch under new ‘networkpay’ brand to boost digital payment acceptance & financial inclusion in Egypt.
Saudi Arabia-based HR tech platform, Palm.hr raises $5 million to expand across MENA
13-02-2023 | 07:38:00
Palm.hr, a Saudi Arabian HR firm has secured $5 million in a pre-Series A round. The new funding will facilitate expansion into Egypt and other countries in the Middle East and North Africa(MENA) region.
Healthtech Yodawy bags $16M to expand into emerging markets
09-02-2023 | 19:34:00
Egypt’s digital healthcare startup Yodawy has raised $16 million in a Series B funding round co-led by Delivery Hero Ventures and Global Ventures, bringing its total funding to $24.5 million,
Flutterwave expands into North Africa with new Egypt payments licenses
09-02-2023 | 08:45:52
Flutterwave, Africa's payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.
Radisson Hotel Group delivers strong growth in 2022 through its 9 relevant brands
02-02-2023 | 13:29:14
In 2022, Radisson Hotel Group continued to drive forward its ambitious expansion plan to be one of the top three hotel groups in the world with its strong portfolio of nine distinct brands and its growing resorts portfolio.
Egyptian fintech company MNT-Halan secures $400 million in new funding
01-02-2023 | 11:52:48
Following the completion of these investments, MNT-Halan’s valuation will exceed $1 billion.
Telecom Egypt confirms new spectrum package
31-01-2023 | 09:25:00
The company viewed this as a strategic move to support heavier traffic from a growing customer base while cost-effectively improving service speed and quality.
Orange Esport Experience 2023 edition in Abdjan
30-01-2023 | 15:33:00
Orange, a major partner of Esport in Africa and the Middle East is organizing the regional grand final of the pan-African “Orange Esport Experience” championship on January 28 and 29, 2023, in Abidjan.
Nigeria, Egypt and Kenya to be among the top 10 countries to benefit from adaptation investment, study
25-01-2023 | 10:42:00
Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to a new study by Standard Chartered.
Low-carbon investments to rise by $60b in 2023 as inflation weakens, hydrogen and CCUS spending to surge, Rystad Energy
17-01-2023 | 10:05:00
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and CCUS infrastructure, Rystad Energy research shows.
Eni discovers gas in the Eastern Mediterranean Sea offshore Egypt
17-01-2023 | 07:57:58
Eni announced a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt.
Payments firm enza group Launches to Serve African Banks and Fintechs
16-01-2023 | 07:28:00
enza will focus on providing native digital payments capabilities to service institutions that want to enable their customers to accept or make electronic payments.
Wintershall Dea discovers natural gas in East Damanhour exploration block onshore Egypt
13-01-2023 | 12:54:00
Wintershall Dea has found gas in its East Damanhour exploration block in the onshore Nile Delta, Egypt
McGraw Hill partners with Egyptian schools to advance digital learning
11-01-2023 | 12:43:42
The new agreements expand existing engagements with the institutions, which already use McGraw Hill's Inspire Science, Reveal Math, and Wonders reading programs with their students.
Shelf Drilling secures contract extension on the Trident 16 in Egypt
10-01-2023 | 08:22:19
Shelf Drilling announced it has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez offshore Egypt.
ITIDA, IT firm Pixelogic Media expand export-oriented business from Egypt
06-01-2023 | 11:54:59
Pixelogic Media signed an agreement with the Information Technology Industry Development Agency (ITIDA) to expand operations oriented to its customers outside Egypt and create over 440 new job opportunities.
Telecom Egypt and Grid Telecom to build subsea system connecting Egypt and Greece
22-12-2022 | 07:02:14
The system will connect Port Said in Egypt to Crete island--making it the shortest, lowest latency, Mediterranean path between Egypt and Europe.
African Business Roundtable organise un événement en marge de la COP27 pour les objectifs climatiques de l'Afrique
14-12-2022 | 11:20:00
À l'occasion de la 27eme Conférence des parties des Nations unies sur le changement climatique (COP27) qui s'est tenue à Sharm El Sheikh,Égypte, l'African Business Roundtable a organisé un événement parallèle le jeudi 10 novembre 2022, au pavillon nigérien.
Webb Fontaine rolls out Integrated Risk Management System in Egypt
14-12-2022 | 08:08:03
This new development will pave the way for the efficient digitalization of Customs procedures across the country.
African Business Roundtable holds event alongside COP27 for Africa's climate goals
13-12-2022 | 11:25:00
On the occasion of the 27th United Nations Conference of Parties on Climate Change (COP27) that took place in Sharm El Sheihk, Egypt, the African Business Roundtable organised a side event on Thursday, 10 November, 2022, at the Nigerian Pavilion.
Vodacom Group completes purchase of 55 per cent stake in Vodafone Egypt
13-12-2022 | 08:29:45
Vodacom expects to consolidate Vodafone Egypt into its financial statements over the remainder of the financial year.
Tanzanian bankers tap skills from Egyptian Banking Institute
09-12-2022 | 12:24:31
The pogram aims at developing the executive leadership talents and competencies as well as enriching technical knowledge for the senior executives from the African banking and financial sectors by raising the efficiency of human cadres working in these sectors.
Beko lays foundation for new $100 million home appliance plant in Egypt
09-12-2022 | 12:18:01
The manufacturing site is on the heels of fruitful discussions between the Egyptian government and Arçelik, a global household appliances manufacturer and a subsidiary of Koç Holding.
Egyptian startup Sideup raises $1.2m to grow its e-Commerce platform
05-12-2022 | 13:45:00
Sideup, the MENA region’s platform for e-Commerce services has announced the completion of a $1.2m seed round.
African Development Fund approves $13.95 million grant for Borana for Improved livelihoods program
01-12-2022 | 13:18:00
The Board of Directors of the African Development Fund has approved a $13.95 million grant to the Government of Ethiopia to implement the first phase of a livelihood improvement project for pastoralist communities in Ethiopia’s drylands.
ITIDA partners with 500 Global to amplify Egypt startup ecosystem
01-12-2022 | 13:05:00
Over a period of three years, 500 Global will deploy three separate programs that will support nearly 200 startups and around 60 accelerator managers thanks to its team of expert program managers, investors, and mentors.
Huawei and Orange Egypt commit to new energy-efficient networks
25-11-2022 | 13:00:00
The plan targets improving network energy efficiency through the increase of green power usage to replace traditional fossil fuel power.
Meta and Telecom Egypt announce the first landing of the 2Africa subsea cable in Egypt
25-11-2022 | 08:37:33
The Ras Ghareb landing is one of several taking place in the coming months as the cable will be extended to a total of 46 locations across Africa, Europe, and Asia by the completion of the project in 2024.
Blnk raises $32 million to power instant inclusive consumer credit in Egypt
10-11-2022 | 11:51:00
Blnk, a fintech startup that enables instant consumer credit in Egypt, has raised $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance.
Radisson Hotel Group continues to strengthen its presence in Africa
07-11-2022 | 10:06:00
Radisson Hotel Group plans to strengthen its already impressive presence in Africa. The Group has ambitious plans to reach 150 hotels and 25,000 rooms within the next five years across the continent, making Africa a key region for growth.
8 African countries kick-start free trade with 96 products.
02-11-2022 | 09:44:21
Eight countries have commenced guided trading under African Continental Free Trade Area (AfCFTA).
African Business Roundtable et Afreximbank concluent un séminaire sur la préparation des investisseurs
14-10-2022 | 16:10:00
L'African Business Roundtable (ABR), la principale association africaine de chefs d'entreprise et de dirigeants d'entreprise à l'échelle du continent, a conclu son cours de maître en ligne gratuit destiné à la communauté des affaires et visant à améliorer les compétences en matière de préparation de projets afin d'attirer l'intérêt des investisseurs.
[Egypt] Revenue-based financing platform FlapKap closes $3.6M seed round
13-10-2022 | 13:07:00
FlapKap, the first tech-enabled revenue-based financing platform in the MENA region, revolutionising e-commerce growth has close of its $3.6M seed round.
African Business Roundtable, Afreximbank conclude masterclass webinar for investor preparation
13-10-2022 | 12:55:00
The African Business Roundtable (ABR), Africa’s foremost and continent-wide association of business and business leaders has concluded its free-to-attend webinar masterclass directed at the business community and with the purpose of sharpening project preparation skills to attract investor interest.
Mastercard and Nclude partner to accelerate Egypt’s fintech ecosystem and boost financial inclusion
11-10-2022 | 12:50:39
The announcement builds on Mastercard’s commitment to supporting the government’s efforts and favorable regulations aimed at transforming Egypt into a digital, financially inclusive society by harnessing the power of technology.
Pitch AgriHack 2022 announced Six youth technology innovators in Africa as winners
22-09-2022 | 12:18:00
Six youth technology innovators in Africa’s agriculture and food sectors win cash prizes in Pitch AgriHack 2022.
Corner shops are faring well against big box stores in emerging markets, report
19-09-2022 | 15:09:00
Corner shops are doing better than predicted despite protracted supply chain issues and big-box and online retail competitors. This is according to a new report released by Flourish.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
19-09-2022 | 13:04:00
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque africaine d'import-export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
19-09-2022 | 11:58:00
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
African Association of Automotive Manufacturers to explore Cameroon's opportunities in the automotive industry
19-09-2022 | 10:54:26
German Association of the Automotive Industry (VDA), the AAAM - African Association of Automotive Manufacturers visited automotive stakeholders in Cameroon to explore more opportunities and partnerships.
EBRD and donors support electric transport provider in Egypt
15-09-2022 | 09:09:56
The EBRD and donors are enabling Abou Ghaly Motors (AGM), a leading transport provider in Egypt, to purchase 250 range-extended electric vehicles (REEVs) for its taxi services, in a boost for the development of the country’s e-mobility sector.
New office for Vodafone Intelligent Solutions (VOIS) in Egypt’s Alexandria city.
14-09-2022 | 13:55:51
The opening of the new office underpins Egypt as an attractive investment destination for multinational companies such as Vodafone, which is keen to expand its global delivery business in Egypt.
South Korea’s KHNP wins $2.25B Egyptian Nuclear Contract
12-09-2022 | 11:40:00
Korea Hydro & Nuclear Power (KHNP) – subsidiary of South Korea’s state-owned utility, the Korea Electric Power Corporation – has won a contract to the tune of $2.25 billion whereby the company will provide buildings and components for Egypt’s first-ever nuclear power plant.
Amethis and Edmond de Rothschild Private Equity complete final close of Amethis MENA II on target at EUR 120mn
12-09-2022 | 09:25:23
AMF II is the second fund of the Amethis franchise focused on the MENA region, its fifth fund in total, and targets majority and minority investments ranging from EUR 5-15mn in fast-growing small-to-medium sized enterprises in Morocco, Egypt, Tunisia and Jordan
GlobalCorp launched “Ollin for Lifestyle Finance” in the Egyptian Market
12-09-2022 | 09:13:49
GlobalCorp a leading non-banking financial institution in Egypt, announced the launch of its new B2C platform for lifestyle financing under the brand name ‘Ollin’.
Gennecs plans USD 150 Mn vaccine factory in Egypt
07-09-2022 | 10:36:30
Gennvax Featured on global economics reflecting how this national project will change the African market and position Egypt as a major player within the vaccines landscape map
GLOBELEQ partners with government of Egypt to develop a large-scale Green Hydrogen Project
05-09-2022 | 11:04:00
Globeleq has signed a MoU with the New and Renewable Energy Authority (NREA), the General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt for Investment and Development (TSFE), and the Egyptian Electricity Transmission Company (EETC), to jointly develop a large-scale green hydrogen facility within the Suez Canal Economic Zone.
The President of Egypt Abdel Fattah el-Sisi meets Eni CEO Claudio Descalzi
01-09-2022 | 10:26:00
The main issues addressed were the production of natural gas and LNG export, areas in which Egypt has acquired a central role in the Mediterranean since Eni’s discovery of Zohr. The company is committed to supporting gas production increase.
Orascom Construction earns multiple top global ENR 2022 rankings
29-08-2022 | 09:23:00
Orascom Construction PLC announced that it has been highly featured in several rankings published by Engineering News Record (ENR), one of the world’s leading global engineering and construction publications.